Cosmo First Limited Declares Final Dividend of ₹4/Share for FY26, Sets Record Date
Cosmo First Limited's Board approved a final dividend of ₹4 per share for FY25-26. The dividend requires shareholder approval at the AGM on August 5, 2026. The record date is July 22, 2026. Shareholders must submit TDS-related documents by July 24, 2026.
The declaration of a final dividend is a direct financial event for shareholders. The detailed information on TDS and submission requirements also necessitates action from shareholders, impacting their engagement with the company.
The announcement is a routine declaration of dividend and information regarding TDS, which is standard for listed companies. It does not contain any unexpected positive or negative financial performance indicators.
Cosmo First Limited has announced its final dividend for the Financial Year 2025-26. The Board of Directors, in a meeting held on May 20, 2026, approved a final dividend of ₹4 per equity share of ₹10 each.
This dividend is subject to the approval of the shareholders at the upcoming 49th Annual General Meeting, scheduled for Wednesday, August 05, 2026. The record date for the payment of this final dividend has been set as Wednesday, July 22, 2026.
The company has also provided detailed communication to its shareholders regarding Tax Deduction at Source (TDS) on dividend payouts. The withholding tax rate will vary based on the shareholder's residential status, category, and submission of requisite declarations and documents. Resident individual shareholders receiving a total dividend not exceeding ₹10,000 for FY 2026-27 will not have tax deducted. Specific TDS rates and required documentation for resident and non-resident shareholders are outlined, with deadlines for submission by July 24, 2026. Shareholders are also reminded to update their bank account details for timely dividend credit, especially those holding shares in physical form, as per SEBI mandates.
What to do with a filing like this
COSMO FIRST LIMITED filed this with the NSE as a statutory disclosure, categorised under dividend. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by COSMO FIRST LIMITED. Read the original for the full detail.